January 2007 by StaffExcerpts from California Mining Journal, our original title, published 50 years ago this month.
Discovering new mines is often associated with reexamining old ones, as several prominent new discoveries will attest in northern Mexico. MAG Silver Corp. is exploring three historic districts.
This year was a test. We had never done anything like this before, yet we grossed $30,000 in the short time we had to mine.
The most obvious benches are usually near the valley floor, but they can be thousands of feet above the valley floor. Since benches were made by streams, they can contain placer deposits.
Yet another term has entered the lexicon of investment analysis and that term is “Fallen Angels.” No, we are not referring to religious icons or celestial bodies. Rather, the investment community has dubbed the debt instruments of once-prosperous companies that have now fallen on hard times with that moniker.
• Vista Gold Corp.
• Wolfden Resources Inc.
• NovaGold Resources
• Globex Mining Enterprises
• Canyon Resource Corp.
I am going to break bedrock down a bit and explain my view of the varying scenarios I come across in the field.
I recently had the opportunity to spend a day exploring around Butte, Montana and was amazed by the amount of mining that has taken place there. The old-timers called Butte “the richest hill on earth” and had pretty good reasons for doing so.
The Bawl Mill • Legislative and Regulatory Update • In Pursuit of Gold and Silver in the Sierra Madres • Chinese Gold Consumption to Grow • Researching and Staking Mining Claims—Part II • Family Sues US Mint for Return of Rare Gold Coins • High Court Reverses Nevada Mining Decision • Mining Industry Worried about Democrat-Controlled Congress • Working on the Bear River • Company Notes • The Upper Susitna Goldfields • Palladium Hitting Jewelry Market • Melman on Gold & Silver • Mining Stock Quotes & Mineral and Metal Prices